What are the responsibilities and job description for the Business Development Manager position at Caprae Capital Partners?
Caprae Capital Partners - Manager of Business Development Job Description
Caprae Capital Partners is a private equity fund led by the principal Kevin Hong who has been a serial tech entrepreneur, and who grew two startups to $31M ARR and $7M in revenue. The fund originated with two additional tech entrepreneur friends of Kevin who have had ~8 figure and ~9 figure exits to Twitter and Square, respectively. The fund is now looking for additional opportunities that would be a good fit.
If you have a passion for finance, particularly private equity, as well as ESG and happen to be a mission-driven person, this is a great fit for you. Additionally, given the recent expansion of the firm, you will have the opportunity to work from the ground level and will be groomed to take on future leadership roles.
What makes the Caprae Unique:
Family Office Support: Join a family office (league.inc) with nearly $100M AUM, featuring an in-house due diligence and accounting team.
Diverse Portfolio: Work across 15 companies under the family office brand, providing ample opportunities to learn and expand your skill set.
Deal Exposure: Participate in various acquisitions and sales/biz dev opportunities in sectors such as healthcare, financial services, IT asset disposition (ITAD), and managed service providers (MSPs).
Networking: Connect with former Caprae alumni, investors, etc and leverage a broader professional network.
Comprehensive Learning: Gain hands-on experience in private equity, covering lead generation, sourcing, research, financial modeling, due diligence, 100-day post-acquisition implementation, and exits, along with the chance to intern for a portfolio company.
Career Advancement: Explore potential paths to become an operator or executive within one of our portfolio companies.
Description of the Work
● Contribute ideas regarding industries in which to look for target companies - based on several key criteria
● QA research to assess attractiveness of investment opportunities (growth, profitability, trends, fragmentation, investment thesis)
● Contact companies to set up phone meetings
● Persuade potential business owners to sell their business to Caprae
● Negotiate and structure deals with the executive team
● Convert business relationships and nurture them to potential customers
● Work closely with the executive team, and product/project management team to help bring on vendor partners and integrate their services into our software
● List and evaluate potential M&A opportunities in select markets
● Work closely with the analyst team to source quality deals and build investor relations
● The Manager of Business Devleopment will have the opportunity to work for the investment fund as well as its portfolio companies
Ideal Candidate
● Candidates with a background in Finance, Private Equity, Banking, Corporate Strategy, or Market Research is a huge advantage
● No more than 5 years of professional work experience
● Strong research and analysis skills
● Intellectually mature, able to understand screening criteria, then make subjective judgments to recommend target companies.
● Able to deliver accurate work, per committed dates, to a senior executive.
● Ability to talk to company owners credibly
● Strong social skills and willingness to travel if needed and/or qualifications are met
● Additional language skills are a huge plus
● Must work some US hours (Possibly up to 50% of the time) but can work local hours as well depending on the projects
● Must be fluent in English and have a solid understanding of American culture
Caprae Capital Info
● Website: www.capraecapital.com